PPP Loan information for King orchards inc

$240,782

King orchards inc was initially approved for PPP Loan of amount $240,782, the current approved amount is $240,782. The loan was approved on 04/14/2020 by The Alden State Bank reported 36 jobs and $240,782 was used to fund payroll.

King orchards inc is Existing or more than 2 years old

KING ORCHARDS INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KING ORCHARDS INC

Borrower Address

4620 N M 88

Borrower City

CENTRAL LAKE

Borrower State

MI

Borrower Zip

49622-9675

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240782.00

Current Approval Amount

240782.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33523

Servicing Lender Name

Alden State Bank

Servicing Lender Address

10564 Coy St

Servicing Lender City

ALDEN

Servicing Lender State

MI

Servicing Lender Zip

49612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTRAL LAKE

Project County Name

ANTRIM

Project State

MI

Project Zip

49622-9675

CD

MI-01

Jobs Reported

36

NAICS Code

111336

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240782.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33523

Originating Lender

Alden State Bank

Originating Lender City

ALDEN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242139.74

Forgiveness Date

11/12/2020

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